This transcript has been automatically generated and may not be 100% accurate.

I ... the ... watching ... as company is selling its flagship newspaper and related assets to Amazon dot coms death pays us here at that rate ... has learned and air with MarketWatch been this this Apple is Number D tells of this DL for is and isn't deatails ... its database as a very wealthy man and not his company who is buying back Washington post newspaper and some related assets for two hundred and fifty nine dollars the sale which will probably close within sixty days while and ... the control of the newspaper by the ... Graham family now this is the family well Madam to students and journalists and history ... the paper under the control of ... a quest for the Pentagon papers and insensitive at the height of what's gone on in American politics in the last entry ... this is the GOP was a surprise but not so much if you think about what's been happening with other allies newspaper in chains that sickly those with controlling family suggests ... to us this weekend IBT Media which is known more for owning the mind Chrapaty is announced it was buying this week from lying see ... also the Boston Globe was being sought from the new times to Boston Attacks and John Henry ... led many to this Sunday's paper companies that presses been struggling to grow revenue in its core businesses in the Washington Times ... citing about the DL ... it notes that the newspaper division of weeks the first is the most prominent ... suffered a forty four percent decline in operating revenue over the past sixty years ... what else might you wanna know about the deal well Warren Buffett's picture Hathaway owns twenty percent ... of the Washington Post Company that's the publicly listed company ... what was the market saying about this tale well these newspaper shares are trading pretty thinly after hours which is one in its path ... but blessing to those shares were up ... five in a half percent isn't that the shares to nearly six hundred dollars a share a ... year Times Company shares were also higher ... in at was high in New Square which is the publisher of this report ... was also in eleven higher after ours ...